Not a good trade. Did not read price action correctly. I was trying to short into the front side hoping the $3 resistance would hold. It really was still very strong holding well above the VWAP. Need to be more conservative next time and wait for VWAP break, especially if the stock broke morning highs. Poor trade.
Nice first Green Day breakout play after recent run. Perfect OTCs morning consolidation and breakout. Only regret is that I didn't take more size and had more patience. This was my morning position, as it seemed a bit more weak than average. Got back in again later in the morning.
Very difficult trade. Tried to buy puts late day on Friday hoping for a big gap down and fade as the stock seemed to have trouble in the $850s. I took a bit of a gamble going overnight the long weekend. Should have taken 1 option instead of 2, but got a bit unlucky. Now need to focus on easier more predicable trades and going smaller. going to take a bit of time recovering from this one.